13 Princeton StSomervilleMA02144
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Somerville at 13 Princeton St, Somerville, MA, 02144 earns $4,055/mo cash flow from $10,649/mo rent with a $5,121/mo payment. Total monthly income totals $10,649/mo, and annual cash flow totals $48,655/yr on $338,969 capital. ROI tracks 34.72% on current figures, and rental yield reads 12.21% at a $1,046,200 purchase. Equity gained on principal adds $6,751/yr, and 5% annual appreciation supports $289,046 over five years. Five-year ROI reaches 182.34% and total cumulative return in cash sums $618,084. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $10,649/mo property income instead of your personal income.
Multi Family
Built in 1910
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 02144, Somerville, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,741 (100%) |
| Owner Occupied HU | 3,787 (32.3%) |
| Renter Occupied HU | 7,416 (63.2%) |
| Vacant Housing Units | 538 ( 4.6%) |
| Median Home Value | $1,132,714 |
| Average Home Value | $1,216,709 |
Housing Distribution
Address Breakdown
Residential
10,584
Single Family
7,809
Multi-Family
2,775
Businesses
616
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